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Dollar Rally Stalls Against Yen, Euro

Investors Pause to Book Profits Ahead of Market-Moving Events

The dollar fell against the yen and euro on Tuesday, ending a rally that spanned several sessions, as investors paused to book profits ahead of market-moving events coming later this week.

The U.S. currency fell 0.4% versus the yen, to ¥113.60, breaking five straight sessions of large gains that drove dollar 5.8% higher. Meanwhile, the euro rose 0.5% against the dollar to $1.2546, halting a four-day rise that had dragged the single currency down 2%. The ICE Dollar Index, which compares the dollar against a weighted basket of...